The Average Salary Increase with an MBA

College graduates may see themselves as being a cut above the rest, but many don’t take the time to look at the difference between themselves and business school graduates. Taking into account the differences between the normal college track and the MBA track, business school becomes a logical choice for personal, professional and monetary gain. In order to achieve this gain, one must first conquer the GMAT.

By taking the GMAT, otherwise known as the Graduate Management Admission Test, you’ll be able to enter a MBA program at a number of schools. The GMAT test is used worldwide to measure the ability of students to demonstrate successful traits that will statistically allow them to succeed in an MBA program. The school that you are able to addend is dependent on the score that you are able to achieve on the GMAT. The score that you achieve on the GMAT, typically correlates to the prestige level of the business school that you are able to get into. Simply put, the higher you score, the better the school you can attend.
Over the past few years, it has become apparent that degrees tied to business, management, and the financial sectors tend to have higher job placement rates than regular degrees. Therefore, building upon your bachelor’s degree with an MBA will greatly increase your marketability.

In comparison to the general salaries of those graduates that earn bachelor’s degrees, graduates that attain an MBA tend to make at least $12,000 more per year than their counterparts. This amount often increases in many fields, usually greatly exceeding the route of completing a double major at the university undergraduate level.

Besides this increase in average salary per year, business school graduates tend to have a higher rate of consistent work in comparison with conventional degree holders. This is because the business, management, and financial fields tend to remain more constant in terms of employment when compared to other fields.

Therefore, college graduates can literally change their lives by adjusting their financial opportunities through earning a degree from a business school. In order to do this, scoring high on the GMAT test is a necessary component. The majority of business schools will only accept GMAT scores as a benchmark for potential applicants, so preparing for the GMAT is the essential step towards acceptance into a strong MBA program.

I’m ready to go to business school, now what?

Applying to business school can be both exhilarating and challenging. The best approach is a well planned one. There are a several important requirements to fulfill when applying to business school. For example, applicants must possess an undergraduate degree. Business school applicants must also take the GMAT, or Graduate Management Admission Test. Online GMAT prep courses can prepare you for this important exam, helping improve your chances of admission to the business school of your choice.

One of the most important assets to possess when applying to business school is time. You’ll need plenty of time to research different business schools, visit campuses and speak with current students and faculty, ready yourself for the GMAT with GMAT practice tests, prepare your application, and ask for references. While studying for and taking the GMAT may initially cause you concern, there are several excellent online GMAT prep options that make studying more convenient than ever.

Another important asset is patience. Take the time to thoroughly research a number of business school programs. Consider whether you are willing to move far away, or whether it is important to you to stay close to home or your current job when attending business school. In addition to considering the ranking and reputation of different business schools, you’ll also want to get a first hand take on the program by speaking with current students. How satisfied are they with the program? What are some of the most common career paths for alumni? How well do they fit with your own professional goals? Take the time to meet with faculty as well. You’ll be working closely with them while attending business school, so you’ll want to get an idea of which business schools have faculty members whose interests best fit your own career goals.

The application and recommendation process also takes time and patience. Get started early and work little by little on your applications. This will give you time to ask for recommendation letters ahead of time. If you’re asking previous undergraduate professors for recommendations, make sure to avoid doing so near the end of the semester when they are busy with writing other recommendations and grading exams. The same goes for your application. Start outlining your response to the questions well in advance. Also be sure to thoroughly edit your application. You might even ask a friend to read your application over before your submit it to catch any orthographic or grammatical errors.

Be sure to give yourself plenty of time for GMAT prep. The best resources are online GMAT courses that offer you a wide range of studying options from GMAT practice tests to interactive training sessions. GMAT courses help you identify the best strategy for studying for and taking the GMAT test. GMAT courses are a great investment, particularly online options that allow you to study at your own pace and effectively prepare you for the computerized test. Applying for business school is certainly challenging, but the process is well worth it in order to reach your career goals.

GMAT Sentence Completion Questions

The GMAT, or Graduate Management Admission Test, is one test you will have to take-not to mention all the test preparation you’ll have to do-if you plan on furthering your academic career in the business or management fields. The standardized test is used by almost two thousand graduate schools around the world, making it a necessity for those who plan on getting a masters in business administration, or in any other similar area. The test is a general exploration of the test-taker’s business knowledge, skills and experience, and subjective things like motivation and interpersonal skills. Beyond these things, the GMAT measures things that are very simple and that can be adequately prepare for with anĀ online test prep, like your basic verbal, mathematical and analytical skills.

Regardless of why you’re taking the GMAT, you will probably want to spend at least a month on test preparation to ensure that you get a good score. This is especially true since the cost for taking the test is two hundred and fifty dollars. That’s quite a bit of money, so you’ll want to make sure you’re well prepared. Fortunately, there are plenty of great online test prep websites like B Line Test Prep that will help you to make a great score, regardless of what you think your weak areas are.

One area of the GMAT where people often have trouble is the sentence completion part of the test. These questions aim to measure your knowledge of key grammatical points. Subjects covered may include the passive voice, mismatched subject/object pairs, incorrect verb tenses, and so on. Sentence Completion questions are a part of the verbal section of the quiz, and there are usually between sixteen and eighteen of them. Since the verbal section is only about forty questions, that makes this a very important part of the test that you’ll want to focus on in your online test prep studies or in whatever other test preparation method that you use.

The GMAT’s structure gives you four hours to complete the entire test, with two timed breaks of ten minutes each to give you a bit of a breather. This means that you have a little over three and a half hours for the test, or an hour and ten minutes for each of its three sections. Since the sentence completion part is about half of the exam’s verbal section, you’ll probably be using up somewhere between thirty and forty-five minutes completing and correcting sentences.

An Example Question:

The idea on the GMAT sentence completion questions is taking the sentence given to you and replace part of it with one of the choices listed below.

A) to take the sentence given to you and replace

B) taking the sentence given to you and replacing

C) take the sentence you were given and to replace

D) to taking a number of sentences you are given and replace

E) No change is required

Choice E is a popular one, and makes this section especially tricky, since not all sentences are actually incorrect.

Key statistics for the GMAT sentence completion:

* 16-18 questions in the verbal
* Verbal section consists of roughly 41 questions
* Aim to spend somewhere between half an hour and forty-five minutes on this portion of the test

Remember, sufficient test preparation is vital for success in this and other portions of the GMAT. Fortunately, there are great online test prep sites like B Line Test Prep to help you through your study period.


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